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Latest NEPSE and Share Market News - Page 35

NVIDIA CEO Jensen Huang Donates $10 Million for Nepal Flood Relief

NVIDIA co-founder and CEO Jensen Huang has pledged $10 million, worth more than Rs. 1.5 billion, to support relief, rehabilitation and reconstruction in flood-hit Nepal.

Laxmi Sunrise Bank Donates Rs. 324 Million for Flood Relief

Laxmi Sunrise Bank has contributed Rs. 324 million to the Prime Minister’s Disaster Relief Fund to support flood victims and reconstruction efforts.

New Track Construction Begins on Flood-Damaged Prithvi Highway

Authorities have begun opening a new road track at Krishnabhir in Dhading after the Trishuli River flood washed away a major section of the Prithvi Highway.

Trapped Hydropower Worker Rescued Alive After Days Inside Tunnel

Mechanical foreman Sanjay Sah has been safely rescued from the Upper Trishuli 3A hydropower tunnel after becoming trapped during the devastating Bhotekoshi flood.

Flood Disaster Claims 1,287 Lives as Search and Rescue Continues

The Rasuwa flood disaster has resulted in 1,287 recovered bodies, while more than 5,000 people remain missing and thousands have been injured or rescued.

Garima Bikas Bank Proposes 20% Dividend for FY 2082/83

Garima Bikas Bank has proposed a total 20% dividend for shareholders, comprising 10% bonus shares and 10% cash dividend including tax.

Dual ISIN Dispute Leaves 36 Companies’ Founder Shares in Limbo

A long-running Dual ISIN dispute has left more than 360 million founder shares of 36 companies unable to enter the dematerialized system, while SEBON has only cleared the way for two companies whose lock-in periods have expired.

Government Declares National Mourning for Flood Victims

The government has declared Bhadra 22 as a national day of mourning for those who lost their lives in the devastating Bhotekoshi floods.

Six-Point Plan to Ease LPG Supply in Kathmandu

Nepal Oil Corporation and LPG sellers have agreed on six measures to maintain gas supplies in Kathmandu after the Krishna Bhir road disruption.

Krishna Bhir Landslide Removal Intensified

Authorities have intensified efforts to clear the landslide at Krishna Bhir along the Prithvi Highway in Dhading and resume traffic.

NRB to Absorb Rs. 18 Billion from Market

Nepal Rastra Bank will collect Rs. 18 billion in deposits for 90 days to manage liquidity in the banking system.

Himalayan 80–20 Announces 15% Dividend

Himalayan 80–20 has announced a 15% dividend, including tax, for its unit holders for FY 2082/83.